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Revenue issues update on extended TBESS

Revenue has today confirmed that the facility to make claims under the extended Temporary Business Energy Support Scheme (TBESS), for the period from 1 May to 31 July, is now open. 

Updated TBESS guidance has been published to reflect details of the extension of the scheme.

Claims relating to the extended periods will automatically be assessed based on the 30% energy cost threshold and the relief due will be calculated based on 50% of the eligible energy costs incurred by the business. 

A monthly cap of €15,000 per trade (subject to an overall monthly cap of €45,000) will also be automatically applied to these claims.

Portal

The TBESS claim portal can be accessed via the e-Repayments system in Revenue’s Online Service (ROS). 

Businesses which have already registered should update their reference period details in ROS e-Repayments for May-July 2022 in advance of submitting a claim for the periods May-July 2023. 

Claims for all periods must be submitted no later than 30 September 2023.

Eligible businesses that have not yet registered for the TBESS, or have not yet started or fully completed the claim process for any claim periods are encouraged to do so now, given the claims deadline of 30 September 2023. 

To assist businesses in applying for the scheme, Revenue has recorded a number of ‘how to’ videos. 

As of 25 May, 29,057 businesses have registered for the TBESS and 42,787 claims have already been approved. 

These approved claims have a value of €94.52 million.